490 Hancock Street

Bedford-Stuyvesant, NY11233

Classic 3-Family Brownstone in Prime Bedford-Stuyvesant This fully vacant three-family brownstone is a rare opportunity to own a spacious and versatile property in the heart of Bedford-Stuyvesant. Situated on a quiet, tree-lined street, this home combines historic charm with modern potential, making it an ideal project for homeowners or investors looking to add value. With its generous dimensions of 18.75 feet by 40 feet, the property offers 2,750 square feet of interior space across three stories, plus a full above-grade basement with 925 square feet of additional potential. The lot, measuring 18.75 feet by 100 feet, provides ample room for a backyard or garden, perfect for outdoor entertaining or creating a private retreat. The property features three distinct units, offering flexibility for multi-family use, rental income, or conversion into a single-family residence. Delivered in as-is condition, it is ready for the next owner to reimagine and customize to suit their needs. Located in an R6B zoning district, the property also includes 994 unused FAR, offering additional room for expansion or redevelopment. The classic brownstone fa?ade and solid brick and masonry construction provide a strong foundation and timeless aesthetic, while original details throughout add character and warmth. Set in the vibrant Bedford-Stuyvesant neighborhood, this home is surrounded by boutique shops, cafes, and restaurants, with convenient access to public transportation that connects easily to Manhattan and other parts of Brooklyn. The area is known for its strong sense of community, historic architecture, and proximity to parks and cultural landmarks. With a low annual property tax of $4,394 and abundant potential, this property is a blank canvas ready to be transformed into a dream home or profitable investment. Don't miss this opportunity to own a piece of Brooklyn history in one of its most desirable locations. Property Highlights: Interior Space: Offers 2,750 square feet across three stories, plus a full above-grade basement with 925 square feet. 5 bedroom 3 bathroom Lot Size: 18.75 ft x 100 ft, providing outdoor space for a backyard or garden. Flexible Layout: Three units offer options for multi-family living or rental income. Zoning and FAR: Located in an R6B zoning district with 994 unused FAR, allowing room for potential expansion. As-Is Sale: A perfect opportunity to renovate and design according to your vision.

Listing courtesy of Coldwell Banker Reliable R E 7183132733


Based on information submitted to the MLS GRID as of 2024-10-29 08:00 PM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.